{"id":285110,"date":"2019-07-30T06:11:08","date_gmt":"2019-07-30T06:11:08","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=285110"},"modified":"2019-07-30T06:17:31","modified_gmt":"2019-07-30T06:17:31","slug":"ed-unearths-new-shell-firms-linked-to-mallya","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ed-unearths-new-shell-firms-linked-to-mallya\/","title":{"rendered":"ED unearths new shell firms linked to Mallya"},"content":{"rendered":"<p>The ED has unearthed an alleged nexus of slush funds being transferred to fugitive liquor baron Vijay Mallya by his India-based \u201cclose associate\u201d with the help of shell companies, official sources said on Monday stating that the probe in the multi-crore bank fraud case has widened.<\/p>\n<p>The federal agency last week conducted its first-ever raid operation, under the newly enacted Fugitive Economic Offender (FEO) law, against Bengaluru-based V Shashikant and his family after it has obtained some inputs on these purported dubious financial transactions.<\/p>\n<p>Sources said Shashikant is a \u201cclose associate\u201d of Mallya, who is facing a criminal charge of over Rs 9,000 crore money laundering and bank default and his extradition from the UK is underway.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The ED has unearthed an alleged nexus of slush funds being transferred to fugitive liquor baron Vijay Mallya by his India-based \u201cclose associate\u201d with the help of shell companies, official sources said on Monday stating that the probe in the multi-crore bank fraud case has widened. The federal agency last week conducted its first-ever raid operation, under the newly enacted Fugitive Economic Offender (FEO) law, against Bengaluru-based V Shashikant and his family after it has obtained some inputs on these purported dubious financial transactions. Sources said Shashikant is a \u201cclose associate\u201d of Mallya, who is facing a criminal charge of [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[212,130,144],"tags":[],"class_list":["post-285110","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-the-pioneer","category-newspapers","category-the-pioneer"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/285110","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=285110"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/285110\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=285110"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=285110"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=285110"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}